Cytanet launches Wi-Fi zone

Cytanet, the Internet division of CyTA, has launched its new Wi-Fi zone aimed at businesses and corporations in their attempt to attract customers. The service is based on high speed, wireless open/public

Cyprus-Israel trade to rise 20-25%

— $360 mln bilateral trade tilts to imports Bilateral trade between Cyprus and Israel is expected to rise by 20% to 25% over last year’s overall figure of USD 360 mln, boosted

CB in trouble over BNPI inaction?

Will the French banker leave Cyprus? Confusion has fuelled rumours as regards the future and past operations of leading French banker BNP Paribas and its predecessor BNPI, as it has relieved its

CYP strengthens after ERM2 entry

Interest-rate cut expectations The Cyprus pound enjoyed a smooth ride in the first few days of its entry into the Exchange Rate Mechanism (ERM2), and in fact appreciated compared with its pre-entry

Alliance doubles Q1 profits

Alliance International Reinsurance Co. Ltd. (ALL) kick-started the first quarter earning season reporting a near doubling of net profits on the back of a strong increase in premium income. Gross reinsurance premiums

Car registrations dive in April

Motor vehicle registrations fell by 5.8% year on year in April, to 4,245, compared with 4,507 in the same period of 2004. This comes after a 6.2% year on year rise in

Cyprus business census launched

The Statistical Service has announces the launching of the Census of Establishments on May 9, 2005. The Census of Establishments will cover all enterprises and establishments of work which operate in all